What is being defined here: ‘The assessment of a potential supplier’s capability of controlling quality, delivery, quantity, price and all other factors to be embodied in a contract’?

What is being defined here: ‘The assessment of a potential supplier’s capability of controlling quality, delivery, quantity, price and all other factors to be embodied in a contract’?
A . Sustainable procurement
B . Supplier appraisal
C . Vendor rating
D . Supplier development

View Answer

Answer: B

Explanation:

Pre-contracting a supplier, the term ‘supplier appraisal’ is favoured by CIPS; whereas once the sup-plier is in use, ‘vendor rating’ is the preferred term for monitoring actual performance.